auction

China Protests Artifact Auction

Feb 26, 2009
China's cultural heritage agency has strongly condemned the auction of two bronze pieces it says were looted from the Summer Palace near Beijing some 150 years ago. Christie's sold the bronzes, part of the late Yves Saint Laurent's estate, for 31 million euros.

FCC Cashes In on Spectrum Auction

Mar 19, 2008
After two months and 261 rounds of bidding, the FCC announced Tuesday that it has raised a total of $19.6 billion from the sale of the U.S. wireless spectrum. The revenue, slated to fund "public safety and digital television transition initiatives," is nearly double what Congress had previously estimated for the publicly owned spectrum.

Che’s Hair Goes on Sale

Oct 26, 2007
A former U.S. intelligence officer involved in the execution of Ernesto "Che" Guevara has decided to auction a lock of the icon's hair for a minimum of $100,000. The officer is unhappy with Guevara's iconic status, auctioneer Tom Slater says, yet he seems perfectly content to profit from it.